GSI Technology, Inc. Debuts on Forbes' List of America's Best Small Companies in 2010

Nov 01, 2010

SUNNYVALE, Calif., Nov 01, 2010 (BUSINESS WIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of SRAMs for use in networking and telecommunications equipment, has been ranked no. 69 in its first appearance on Forbes' annual list of America's 100 Best Small Companies, available online and published in the November 8, 2010 issue of the magazine.

"We are extremely pleased to be included on this year's list of America's best small companies," said Lee-Lean Shu, Chairman and Chief Executive Officer. "It is, we believe, a testament to a business model that has consistently emphasized talent, commitment and capital as keys to GSI's success."

In assembling the list of America's 100 Best Small Companies in 2010, Forbes stipulated that candidates must have been publicly traded for at least a year, have annual revenue between $5 million and $1 billion, and a stock price of at least $5 a share. The rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over the past 5 years. Also factored in was the stock performance of each company compared with that of its peers. Excluded from the list were financial institutions, REITs, utilities and limited partnerships. Additional information is available at http://www.forbes.com.

About GSI Technology

Founded in 1995, GSI Technology, Inc. is a leading provider of high-performance static random access memory, or SRAM, products primarily incorporated in networking and telecommunications equipment. Headquartered in Sunnyvale, California, GSI Technology is ISO 9001 certified and has worldwide factory and sales locations. For more information, please visit http://www.gsitechnology.com.

SOURCE: GSI Technology, Inc.

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